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Feb 6, 2013
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blue bars are president obama's deficits. those really big bars are when the whole world economy crashed, including ours. remember that? you notice how the deficit gets smaller when the bars are blue over time? see how they're getting shorter as you go to the right? today the congressional budget office released their deficit projection for 2013. so for this upcoming year, the nonpartisan cbo. according to them under president obama the deficit is slated to continue to shrink, as it has been under president obama. but the supposedly gigantic growth of those deficits is why congressional republicans are >>> in march 2007, some of the fine folks at morgan stanley were brainstorming via e-mail about what they wanted to call a new product they were working on. it was an investment package essentially that they would eventually go on to sell to a chinese bank. here are some of the potential product names that were suggested in this brainstorming session by a particular morgan stanley vice president. flutter fish 2007, or mike tyso
blue bars are president obama's deficits. those really big bars are when the whole world economy crashed, including ours. remember that? you notice how the deficit gets smaller when the bars are blue over time? see how they're getting shorter as you go to the right? today the congressional budget office released their deficit projection for 2013. so for this upcoming year, the nonpartisan cbo. according to them under president obama the deficit is slated to continue to shrink, as it has been...
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Feb 12, 2013
02/13
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the united states report it a total trade deficit of just about $728 billion. that's a trillion dollars wing. -kendis is without any question. a trillion dollars wing. china also posted an over 8% increase in its gdp in the latest quarter compared to our stunning decline. it's unimaginable the thing that that growth rate feels light -- china's latest unemployment rate , unemployment, unemployment rate of 4%. and china's government debt, yes, they have a debt. ours is a 16 and a half trillion dollars in debt. but you know what, i can't believe that the chinese feel a little bit better about tears because are going to add another trillion dollars hours. meanwhile, the united states those china almost 2 trillion. there is no counterweight. it's a little problem for us to know what is after all the communist nation almost $2 trillion we are big shot capitalists. what is wrong? we are going to be talking about that very issue throughout the week, looking at how the united states model comparison europe's model. is the communist model any more sustainable? if no one
the united states report it a total trade deficit of just about $728 billion. that's a trillion dollars wing. -kendis is without any question. a trillion dollars wing. china also posted an over 8% increase in its gdp in the latest quarter compared to our stunning decline. it's unimaginable the thing that that growth rate feels light -- china's latest unemployment rate , unemployment, unemployment rate of 4%. and china's government debt, yes, they have a debt. ours is a 16 and a half trillion...
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Feb 6, 2013
02/13
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blue bars are president obama's deficits. those really big bars are when the whole world economy crashed, including ours. remember that? you notice how the deficit gets smaller when the bars are blue over time? see how they're getting shorter as you go to the right? today the congressional budget office released their deficit projection for 2013. so for this upcoming year, the nonpartisan cbo. according to them under president obama the deficit is slated to continue to shrink, as it has been under president obama. but the supposedly gigantic growth of those deficits is why congressional republicans are committed to us lurching from self-imposed crisis to self-imposed crisis instead of us working this stuff out like adults. the accusation that president obama has grown the deficit giantly since he has been in office is a very politically potent accusation. and when republicans say it, the beltway media tends to write it down as if it was true. it is not true. it has not been true for a very long time, and there is really no ex
blue bars are president obama's deficits. those really big bars are when the whole world economy crashed, including ours. remember that? you notice how the deficit gets smaller when the bars are blue over time? see how they're getting shorter as you go to the right? today the congressional budget office released their deficit projection for 2013. so for this upcoming year, the nonpartisan cbo. according to them under president obama the deficit is slated to continue to shrink, as it has been...
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Feb 11, 2013
02/13
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that is 4% of the deficit. we will endanger the national defenses and short change the service men and women overseas for the sake of cutting 4% from the deficit? it is totally irresponsible. >> bill is right that you captain have massive tax reform in just 60 days. it took ronald reagan and tip o'neill and bill bradley a bipartisan bill in 1986, 20 montes to do it. there is things like nascar track owners and wind energy producer and port rehe can rum manufacturers that would more than offset the defense cuts that would be devastating. >> bill wants the president to bail out republicans who made the sequestration deal. >> i want the president to bail out the military. >> but he wants to. >> he is commander in chief. maybe you are not aware of that. >> he is saying let's have a temporary deal to avoid sequestration and republicans are saying no, we have got to protect the rich oil companies and gas companies and we can't do it. >> chris: i will call a little bit of a change here and congressman cotton i want to
that is 4% of the deficit. we will endanger the national defenses and short change the service men and women overseas for the sake of cutting 4% from the deficit? it is totally irresponsible. >> bill is right that you captain have massive tax reform in just 60 days. it took ronald reagan and tip o'neill and bill bradley a bipartisan bill in 1986, 20 montes to do it. there is things like nascar track owners and wind energy producer and port rehe can rum manufacturers that would more than...
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Feb 11, 2013
02/13
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and in reuters february 24, 2012, obama to focus on jobs and the deficit, washington post, february 10, 200013, obama to pivot back to the economy. >> the president came in, he spent almost a trillion dollars on stimulus spending he would that would -- he thought that would create jobs, if you somehow took a colo dollar from someone and give it to someone else you would have two dollars in the economy, it does not work, president keeps talking about going back to jobs, he means back to additional stimulus spending. gerri: if we translated to obama speak it would be more federal spending, unemployment rate under president obama, higher than when we came into office, we had no traction, despite the jobs council, that done work, despite all stimulus spending, what is it going to take? it is a matter of confidence? is something else going on. >> all of the recession reaction that obama and his administration spent 4 years drafting, one they look at them said, it would be better if we didn't shows these to american people until after the elect, we have 4 years of those expensive job killing
and in reuters february 24, 2012, obama to focus on jobs and the deficit, washington post, february 10, 200013, obama to pivot back to the economy. >> the president came in, he spent almost a trillion dollars on stimulus spending he would that would -- he thought that would create jobs, if you somehow took a colo dollar from someone and give it to someone else you would have two dollars in the economy, it does not work, president keeps talking about going back to jobs, he means back to...
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Feb 10, 2013
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which is less than the projected deficit for the year. i mean, the bottom line, congresswoman, is, you cannot raise taxes enough to solve the deficit problem. >> nobody is saying that. we are saying it has to be balanced. now on the subject of the high end we are not talking about raising rates. we did that. reeliminated the high end tax cuts of the bush years which only increased the deficit, and didn't create jobs. we kept the low income tax cuts and the -- what we have in our proposal, that comes from our top democrat on the budget committee is to say we'll eliminate subsidy and it gives us a lot of money, eliminating the subsidy for big oil. we also have the buffett rule which says all of the high income people will pay a minimum of -- -- >> raising tax on the wealthy. >> no, you are saying they should pay their fair share, which is 30%, which is lower than 39.6, which is the rate -- the bracket they are in. >> chris: but you say, if they have a deduction... >> take advantage of so many loopholes. >> chris: deductions on the books. th
which is less than the projected deficit for the year. i mean, the bottom line, congresswoman, is, you cannot raise taxes enough to solve the deficit problem. >> nobody is saying that. we are saying it has to be balanced. now on the subject of the high end we are not talking about raising rates. we did that. reeliminated the high end tax cuts of the bush years which only increased the deficit, and didn't create jobs. we kept the low income tax cuts and the -- what we have in our proposal,...
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Feb 7, 2013
02/13
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she's part of the progressive caucus which produced his own plan this week to trim the deficit without cuts to our safety net. congresswoman, let me go to you first. the president made it clear he'll fight for what he believes is right. will republicans fold yet again? >> well, i certainly hope they will. apparently, john boehner said we're done with taxes. the president was very clear that when meeting the economic and fiscal challenges ahead, that he wants to keep in perspective whether the cop or the receptionist was able to make it. and he did contrast it with what the republicans want. and they want to cut medicare and social security. and so he said fine, let's argue this out in the public. and he clearly felt confident that he and we would win if that bat 8 takes place. >> now, the reason i'm asking, congresswoman, is "politico" is reporting that the economy is crumbling. let me quote. >> if that is true and the democratic caucus stands together and the president stands firm, they will have backed down yet again. >> exactly. you know, reverend al, that this sequester was never i
she's part of the progressive caucus which produced his own plan this week to trim the deficit without cuts to our safety net. congresswoman, let me go to you first. the president made it clear he'll fight for what he believes is right. will republicans fold yet again? >> well, i certainly hope they will. apparently, john boehner said we're done with taxes. the president was very clear that when meeting the economic and fiscal challenges ahead, that he wants to keep in perspective whether...
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Feb 10, 2013
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now other than being against the deficit. against the things president obama is trying to do on taxes. we have to be four things. we have to explain to people that cutting spending is but for for our economy, not just cutting spending. americans are different from my generation. they have different philosophies, different ways they approach their challenges and issues in life. we better become attuned to them. when you look at the demographics and the racial component of our base, we think the results are obvious, of what the future holds. one of the most successful periods of the republican party was one we had a contract with america. it was 1992. we told the american people that if they gave us the majority, we would do the following 10 things. we need another contract with america, a positive agenda of how we can help entrepreneurs, how we can help young people get an education, how we can do the things necessary to create an environment for small businesses to flourish. and commit to that agenda. then, if the people are
now other than being against the deficit. against the things president obama is trying to do on taxes. we have to be four things. we have to explain to people that cutting spending is but for for our economy, not just cutting spending. americans are different from my generation. they have different philosophies, different ways they approach their challenges and issues in life. we better become attuned to them. when you look at the demographics and the racial component of our base, we think the...
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Feb 12, 2013
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that results in a lower deficit as you have reported to us. by 2015, the deficit is projected to be $430 billion, the lowest you project over 10 years. that's slightly below the highest deficit president bush ever had in his eight years. and you have gpped growth projected at 3.%, last year was 2.2. but after 2015, three years from now, the deficits start a rise again, increasing every single year almost 10% a year and would more than double over the following eight years to $978 billion, is that correct? >> yes, that's right. >> and you don't see unless something changes, any improvement in the outyears but your report would indicate that your report the upward trajectory -- and is that an unsustainable path? >> as others have said, debt cannot rise indefinitely as a share of g.d.p. and our projections show debt rising relative to g.d.p. in the back half of this coming decade. >> so i think -- and it increases the risk as bowles and simple son told us was inevitable if we don't change this unsustainable path, would you agree? >> in the longer
that results in a lower deficit as you have reported to us. by 2015, the deficit is projected to be $430 billion, the lowest you project over 10 years. that's slightly below the highest deficit president bush ever had in his eight years. and you have gpped growth projected at 3.%, last year was 2.2. but after 2015, three years from now, the deficits start a rise again, increasing every single year almost 10% a year and would more than double over the following eight years to $978 billion, is...
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they -- itch the issue is, we see the debt and the deficit, we could address it by just hiking taxes. the underlying spenting isn't the problem. maybe not enough revenue is. >> the problem its we're run out of revenue payers. the amount of people on subsidies is far outpacing the amount of people to tax, and the dangerous cob sequence -- we've seen the consequence of washington not coming up with policy formulations in a pro-active way. we're still discussing social security solvency, which is pathetic. still trike to figure out how to pay for the health care spitelements and they're a collective arrogance on the part of congresswoman pelosi when 50% of northwestern people are saying, please, do something about this. >> she is not alone. there are knock of prominent democrats, we don't have a spending problem, we have a healthcare problem, and get everything under control. so you can be in denial a long time before you're starting to say it's more than a river in egypt. >> it's true but at it ultimately an arrogance saying we're the united states of america. we're never going to defau
they -- itch the issue is, we see the debt and the deficit, we could address it by just hiking taxes. the underlying spenting isn't the problem. maybe not enough revenue is. >> the problem its we're run out of revenue payers. the amount of people on subsidies is far outpacing the amount of people to tax, and the dangerous cob sequence -- we've seen the consequence of washington not coming up with policy formulations in a pro-active way. we're still discussing social security solvency,...
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Feb 5, 2013
02/13
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so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the honor, but i'm only a chairman today. the gentleman is recognized. mr. hoyer: we wish you the best for the future. the chair: thank you. mr. van hollen, may i ask for how long he was recognized? mr. van hollen: i yield four minutes. the chair: the gentleman from maryland is recognized. mr. hoyer: i thank the gentleman for yielding. mr. price of georgia said what the american people want. what the american people don't want is games. this is a game. this is a sham. this is a shame. what the american people want is honest legisl
so, yes, reduce the deficit. but let's do it in a sensible way and the president has the prerogative of getting to put forward his budget the way he would like to present it to congress and then congress can do its work however it wants. and with that i yield to my friend and colleague from maryland and someone who has been very focused on reducing our deficits in a responsible way, mr. hoyer. the chair: the gentleman from maryland is recognized. may i remind my colleagues, i appreciate the...
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Feb 11, 2013
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what is an acceptable deficit in your view? >> it is one where you have, look, i look at it in a different way. i think you want to get us back to full employment, the restaurants fall, the shops full, the deficit will come down what we get to that sort of a situation. [talking over each other] >> i always say that blaming the deficit for our problems is like blaming the barometer because it records when someone has influenza. dagen: do you think that it has worked for us? you are happy with negative growth in the fourth quarter without no. absolutely not. they have been cutting and cutting and cutting. look at the uk, for example. we have had deficits that have actually been increasing. if you actually think that deficits are a problem, and i can understand the concern about debt out there, if you think it is a problem, did you have to have growth. dagen: some people think if you cut spending and more money will go to the private economy. i am saying that you can argue it both ways. >> when you have concrete examples in europe
what is an acceptable deficit in your view? >> it is one where you have, look, i look at it in a different way. i think you want to get us back to full employment, the restaurants fall, the shops full, the deficit will come down what we get to that sort of a situation. [talking over each other] >> i always say that blaming the deficit for our problems is like blaming the barometer because it records when someone has influenza. dagen: do you think that it has worked for us? you are...
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like on raising taxes, the size of government, the deficit. that's where republicans win and that's what we should be talking about. >> all right. if they stick to a very simple agenda do you stick with those who say maybe republicans stay off the social issues or if you talk about it. >> no. >> sean: got to run for office, have an answer for abortion. i mean, that's, that's fair. >> no, i mean, what was so upsetting to pro lifers like me about aiken and murdoch mulling about what should happen to a mawoman in the case of rape and all the hard work done by intelligent pro-lifers winning issue after issue and raising partial term abortion and parental-- and we want to save the 99% of babies not the result of rape, and we'd like the death penalty, but supreme court should no on that on criminal issues mentally ill and women concealed to carry and protect themselves. not granting amnesty for illegal aliens, that's where republicans win, not on look what obama did a couple of years ago. >> sean: ann coulter, good to see you. we need the three legs
like on raising taxes, the size of government, the deficit. that's where republicans win and that's what we should be talking about. >> all right. if they stick to a very simple agenda do you stick with those who say maybe republicans stay off the social issues or if you talk about it. >> no. >> sean: got to run for office, have an answer for abortion. i mean, that's, that's fair. >> no, i mean, what was so upsetting to pro lifers like me about aiken and murdoch mulling...
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>> bret: so, ed, what are we hearing if the president will tack the deficit in the speech? >> interesting, because today jay carney said he does believe there is a spending problem in washington. he seems to disagree with nancy pelosi a little bit. carney went on to say he believes the problem is with spending on healthcare. so something the president tried to tack with the affordable care act and carney went on to say the president doesn't believe the government is too big now. when you compare it to historic levels, sign he is not going all in on the deficit tomorrow night. he is going all in on new investments. >> bret: okay. ed henry live on the north lawn. thank you. you can see the president's speech along with the republican response on fox news channel tuesday starting at 8:55:00 p.m. eastern. and to share your thoughts and opinions on tuesday's address, you can take part in something new. in the bing pulse at bing.com/politics. fox news is partnering with bing to get a pulse of what viewers think of the "state of the union" address. you can log on. go to page right
>> bret: so, ed, what are we hearing if the president will tack the deficit in the speech? >> interesting, because today jay carney said he does believe there is a spending problem in washington. he seems to disagree with nancy pelosi a little bit. carney went on to say he believes the problem is with spending on healthcare. so something the president tried to tack with the affordable care act and carney went on to say the president doesn't believe the government is too big now....
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Feb 7, 2013
02/13
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us to invest in those things that we need to grow right now because that's also a deficit reduction agenda that's growing faster. and in order to have a balanced package that means that we've already done a lot of cuts. we've done some revenue now, and so the rest of the way moving forward we can do some additional reforms and make our health care programs work better and make them more efficient, and we can cut out programs that we don't need, but it also means that we've got to be able to close some tax loopholes and deductions that the average american cannot take advantage of, to raise the revenue, to actually do the job in a way that allows us to continue to grow. now, the reason this is relevant is because i gather and i haven't gotten this from first-hand sources, but from second hand sources in the press that our friends on the other side of the aisle,
us to invest in those things that we need to grow right now because that's also a deficit reduction agenda that's growing faster. and in order to have a balanced package that means that we've already done a lot of cuts. we've done some revenue now, and so the rest of the way moving forward we can do some additional reforms and make our health care programs work better and make them more efficient, and we can cut out programs that we don't need, but it also means that we've got to be able to...
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Feb 10, 2013
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that is how we will reduce our deficit. that is america built to last. [laughter] -- [applause] i recognize that people watching tonight have differing views about taxes and debt and energy and health care. no matter what party they belong to, i bet most americans are thinking the same thing right about now -- nothing will get done in washington this year. or next year. or the year after that, because washington is broken. can you blame them for feeling all little bit cynical? the greatest blow to our confidence in our economy last year did not come from event beyond our control. it came from a debate in washington over whether the united states would pay its bills or not. who benefited from that fiasco? i talked tonight about the deficit of trust between main street and wall street. but the divide between the city and the rest of the country is at least as bad, and it seems to get worse every year. host: from january of last -- of last year, the president in his state of the union address. some of the same themes it will continue this week. -- will cont
that is how we will reduce our deficit. that is america built to last. [laughter] -- [applause] i recognize that people watching tonight have differing views about taxes and debt and energy and health care. no matter what party they belong to, i bet most americans are thinking the same thing right about now -- nothing will get done in washington this year. or next year. or the year after that, because washington is broken. can you blame them for feeling all little bit cynical? the greatest blow...
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Feb 8, 2013
02/13
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what about deficits? we have a jobs crisis in this country. not a deficit crisis. to me, the whole conversation has been pushed to the right further than it should be. >> and karen, on a last note, in anticipation of the president's speech, the white house released numbers on the people affected by the cuts. i believe around 600,000, between 600,000 and 800,000 suffering as a result of cuts to food stamps and other program that is people need to survive these days and at least some of the analysis out there, democrats feel that they can win this argument over these cuts and that it's likely we're going to hear from the president words like corporate jets, big oil in the state of the union positioning the every day working people against those against who says he not paying their fair share. >> i think there was an interesting speech this week earlier from eric cantor, the house majority leader. i think people want to hear about more than just the deficit numbers but really concrete measures that are going to be enacted to make their lives better and what people are
what about deficits? we have a jobs crisis in this country. not a deficit crisis. to me, the whole conversation has been pushed to the right further than it should be. >> and karen, on a last note, in anticipation of the president's speech, the white house released numbers on the people affected by the cuts. i believe around 600,000, between 600,000 and 800,000 suffering as a result of cuts to food stamps and other program that is people need to survive these days and at least some of the...
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it means that we're going to talk about, yes, deficits and taxes and sequesters and potential government shutdowns and debt ceilings. we'll talk about that stuff. all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher, or a construction worker or a receptionist, that they can make it if they work hard. and that their kids can make it. and dream even bigger dreams than they have achieved. and obviously, a lot of what we'll be working on michellely over the next few weeks is going to be on how do we deal with the sequester issue, and i just want to make this quick point. i had a press conference this week in which i reiterated i am prepared, eager, and anxious to do a big deal, a big package that ends this governance by crisis for every two weeks or every two months or every six months. we are threatening this hard won recovery where finally housing is starting to pick up and commercial real estate is starting to do better and the unemployment numbers are still too high, but we're seeing some job growth and businesses are investi
it means that we're going to talk about, yes, deficits and taxes and sequesters and potential government shutdowns and debt ceilings. we'll talk about that stuff. all from the perspective of how are we making sure that somebody who works hard in this country, a cop or a teacher, or a construction worker or a receptionist, that they can make it if they work hard. and that their kids can make it. and dream even bigger dreams than they have achieved. and obviously, a lot of what we'll be working...
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the deficit is a big problem. think about it. our national debt, $16.5 trillion. you think that is not a lot of money? count one number per second -- one number per second. how long will it take you to count to 16 trillion? 500-7000 years. -- 500-7000 -- 5700 years. here is a parable -- a family lands on hard times. the father comes to the five children and says, we will have to reduce your allowance. they are not happy about it, but he says, except for johnny and susan, they are special. they get to keep their allowance. in fact, we might give them more. how do you think that will go down? not too well. same thing happens. what about our taxation system? so complex, there is no one who can possibly comply with every tax issue. if i want to get you, i can get you on a tax issue. that does not make any sense. what we need to do is come up with something that is simple. when i pick up my bible, you know what i see? i see the fairest individual in the universe, god, giving us a system. called tight. we do not necessarily have to do it at 10%, but the principle. he di
the deficit is a big problem. think about it. our national debt, $16.5 trillion. you think that is not a lot of money? count one number per second -- one number per second. how long will it take you to count to 16 trillion? 500-7000 years. -- 500-7000 -- 5700 years. here is a parable -- a family lands on hard times. the father comes to the five children and says, we will have to reduce your allowance. they are not happy about it, but he says, except for johnny and susan, they are special. they...
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he attacked the deficit, he attacked the spending problems in this country, taxes in this country and he hit on every sensitive issue, possible, it was easy to understand. stuart: let's see if our people can put that in its entirety. whole 25 minute lecture on our facebook page or somewhere accessible for everybody, we'll try and do that for you. as if it wasn't bad enough to california. it's running out of doctors and it's because of obamacare. my take on that coming up next. stuart: good morning everyone. california wants to change the rules on just who can diagnose and prescribe medication when you're sick. give more power to nurses, medical assistants and pharmacists, open up what used to be the job of doctors only. 350 similar rule changes have been proposed around the country in the last two years. that's a real switch in the medical business. diabetes, high blood pressure, diagnosed and treated by people who do not have the same level of medical training as doctors? what's going on? obama care. in california it will shift millions on to state-provided healthcare. but they don't
he attacked the deficit, he attacked the spending problems in this country, taxes in this country and he hit on every sensitive issue, possible, it was easy to understand. stuart: let's see if our people can put that in its entirety. whole 25 minute lecture on our facebook page or somewhere accessible for everybody, we'll try and do that for you. as if it wasn't bad enough to california. it's running out of doctors and it's because of obamacare. my take on that coming up next. stuart: good...
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the deficit is improving. the long-term debt is the real problem. >> great to see you guys, thanks so much, have a great weekend. >>> of all the things our government spends money on. what do you think is the most expensive? the answer wasn't the same case 50 years ago, i'll tell you, when we come back. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. we all work remotely so this is a big deal, our first full team gathering! i wanted to call on a few people. ashley, ashley marshall... here. since we're often all on the move, ashley suggested we use fedex office to hold packages for us. great job. [ applause ] thank you. and on a protocol note, i'd like to talk to tim hill about his te
the deficit is improving. the long-term debt is the real problem. >> great to see you guys, thanks so much, have a great weekend. >>> of all the things our government spends money on. what do you think is the most expensive? the answer wasn't the same case 50 years ago, i'll tell you, when we come back. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us a flight to our favorite climbing spot even on a...
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Feb 9, 2013
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. >> the president wants lawmakers to find a balanced approach to deficit reduck. he said he wants sensible changes and reforms to the tax code. the sequester could cost jobs in education and security. funding forehead start, medical research and small businesses would be cut. >> we are learning more about the president's state of the union address set for next tuesday night. themes include job creation, immigration reform, trimming the 16 trillon dollar debt and gun violence. survivors of the connecticut shooting will attend. nancy pelosi has, invited a student from another school. >>> the first lady will attend the funeral of a chicago honor student today. police say that the 15-year-old was shot last month in a park about a mile away from the obama's chicago home. investigators say she was not the intended target. just a week before she preformed with her band at the inauguration. an event that she called a highlight of her life. no arrests have been made. >> a chance to own a piece of the nosema the niners in santa clara how you can make a lasting impression an
. >> the president wants lawmakers to find a balanced approach to deficit reduck. he said he wants sensible changes and reforms to the tax code. the sequester could cost jobs in education and security. funding forehead start, medical research and small businesses would be cut. >> we are learning more about the president's state of the union address set for next tuesday night. themes include job creation, immigration reform, trimming the 16 trillon dollar debt and gun violence....
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dollars is going to every single year has nothing to do with our deficit or should be taught no no no no and in fact i thought you were spot on when you were saying earlier you know about the fact that the if that the effect that the defense spending has on the economy obviously you know we have to look at it obviously there are things that can be cut but the idea that we don't meet the capability to protect ourselves and to protect our friends is absurd and remember too and i know you want to make another point the most expensive thing is peace. who are irreplaceable you take a sergeant who's been in for fifteen twenty years or you take a navy seal or any of these people that we've trained and they're ready to go you can't replace them the way you can replace a tank and they're probably fifty sixty percent of our defense budget i would say that the best thing to do is not put them in a situation where we're going to have to replace them james. i think this is you know i wasn't expecting to agree with neal but i think you know we're good friends yeah you know we need to spend smarter
dollars is going to every single year has nothing to do with our deficit or should be taught no no no no and in fact i thought you were spot on when you were saying earlier you know about the fact that the if that the effect that the defense spending has on the economy obviously you know we have to look at it obviously there are things that can be cut but the idea that we don't meet the capability to protect ourselves and to protect our friends is absurd and remember too and i know you want to...
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Feb 6, 2013
02/13
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year per taxpayer to cover our existing deficit. the total tab for the past four years of $1 trillion each year would be about $27,500 a year. back in the sixth district of indiana where i come from, that is a lot of money. i think we it owe it to the taxpayers know what we're doing here in washington. i yield -- i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. for what purpose does the gentleman from maryland seek recognition? mr. van hollen: thank you, madam chairman. i ask unanimous consent to claim time in opposition even though i am not. the chair: the gentleman is recognized. mr. van hollen: thank you, madam chairman. i think it's very useful to let everybody in the country know exactly what the debt and deficit will be on a per capita basis. we in congress can of course do the math. i think it's no problem asking the president to run that calculation as well. again, i want to emphasize the fact there is agreement on reducing the deficit. the real differences here are over how we do
year per taxpayer to cover our existing deficit. the total tab for the past four years of $1 trillion each year would be about $27,500 a year. back in the sixth district of indiana where i come from, that is a lot of money. i think we it owe it to the taxpayers know what we're doing here in washington. i yield -- i reserve the balance of my time. the chair: the gentleman reserves the balance of his time. for what purpose does the gentleman from maryland seek recognition? mr. van hollen: thank...
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Feb 11, 2013
02/13
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FOXNEWSW
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that he's making-- he hasn't pivoted away from the things he's going to say to create jobs, which is deficit spending and increased taxes to finance more domestic spending on his priorities. this is what he's been talking about, really, since he started running for reelection, which is to say the day off he got elected the first time. this is his chance, this is his thing, this is what he likes to talk about. i'm not surprised to hear him make this the focus of the state of the union, but i will say this, the consequence of him going on such an ideological, liberal sort of power point throughout his inaugural address, the position of having to go back and remind people this really is about jobs, if we don't like having 7.9% unemployment and don't like these things and the reports that we talk about global warming and marriage, et cetera, et cetera, et cetera. >> what does it actually do for him or his party. the thing is as a second term president not much he can do, pick a couple of top priorities and seems he's doing that with immigration reform and gun control and some climate change issu
that he's making-- he hasn't pivoted away from the things he's going to say to create jobs, which is deficit spending and increased taxes to finance more domestic spending on his priorities. this is what he's been talking about, really, since he started running for reelection, which is to say the day off he got elected the first time. this is his chance, this is his thing, this is what he likes to talk about. i'm not surprised to hear him make this the focus of the state of the union, but i...
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Feb 12, 2013
02/13
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MSNBC
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reducing the deficit is important to all americans. how specifically will he get tonight to talk to what cuts need to be made? >> i think he will make at least three points. we have as ugly as it has been, we have cut the deficit and the majority of that has been through spending cuts. there have been rev you ins on the top 1%. he will make clear we need to go further to get the deficit reduction that we need to do and he will make a call for bipartisanship and compromise. he will be clear we need to do smart entitlement reform and having sensible savings. he will stress it has to be done in a balanced way that means you could raise some revenues through closing loopholes as part of tax reform and try to suggest that this type of bipartisan compromise where you focus on both spending cuts and revenues together. if we follow that path we can avoid the harsh impacts on the economy and shut down and threats of default that we think will only happen if people take an ideological position and say we can't have a single penny and all deficit
reducing the deficit is important to all americans. how specifically will he get tonight to talk to what cuts need to be made? >> i think he will make at least three points. we have as ugly as it has been, we have cut the deficit and the majority of that has been through spending cuts. there have been rev you ins on the top 1%. he will make clear we need to go further to get the deficit reduction that we need to do and he will make a call for bipartisanship and compromise. he will be...
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Feb 9, 2013
02/13
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this deficit was not caused by our federal work force. you are not responsible for their deficit. [applause] >> we could talk about the policies of going to war and how we pay for it, etc. but we have these large deficits and we need to deal wit. let me bring you up to date because the last time i was here was a little over a year ago and we were talking about the budget control act and how we had to deal with this deficit and how we were going to bring down discretionary domestic spending and how we were going to deal with longer term solution that is required to us deal with revenues and mandatory spending and i ask your understanding as we pass the budget control act. and at the we were analyzing a recommendation that came out of a presidential commission known as the boles simpson commission. that commission said we had to reduce the deficit by $4 trillion or $5 trillion to have sustainable growth in our country. take a minute and look at the progress that we've made since that last visit. simpson bowles which was generally recognized as a balanced approach, a bipartisan appro
this deficit was not caused by our federal work force. you are not responsible for their deficit. [applause] >> we could talk about the policies of going to war and how we pay for it, etc. but we have these large deficits and we need to deal wit. let me bring you up to date because the last time i was here was a little over a year ago and we were talking about the budget control act and how we had to deal with this deficit and how we were going to bring down discretionary domestic...
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Feb 9, 2013
02/13
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all of you should think about forming a bipartisan group in the house to come up with a deficit solution. >> congressman. >> i guess my response to that, it would be this to my think there already is a bipartisan plan that has been laid out there for us to look at. it is not perfect. is this the start. his start. now, candidly it is weak on health care. erskine bowles will tell you that, but i think it is a starting point. i think maybe the answer is it david walker is here he has been vocal on this issue, but maybe we have to do is look at the best aspects of some of the perfect yet -- proposals out there and take those pieces and try to put together a real plan, and it will be bipartisan. at the there is already a foundation out there upon which we can build, so that will be my answer. >> that's a big issue. the biggest threat to our economy is congressional dysfunction. race have to be part of it to my cuts have to be part of it, the pentagon estimate contribution to the effort. we put everything of the table and can get from where we are to where we need to be. that is common-sense.
all of you should think about forming a bipartisan group in the house to come up with a deficit solution. >> congressman. >> i guess my response to that, it would be this to my think there already is a bipartisan plan that has been laid out there for us to look at. it is not perfect. is this the start. his start. now, candidly it is weak on health care. erskine bowles will tell you that, but i think it is a starting point. i think maybe the answer is it david walker is here he has...